Teton Advisors Inc. raised its position in shares of PFSweb, Inc. (NASDAQ:PFSW) by 1.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 336,022 shares of the business services provider’s stock after purchasing an additional 6,060 shares during the period. Teton Advisors Inc. owned 1.74% of PFSweb worth $1,724,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors also recently bought and sold shares of PFSW. Vanguard Group Inc grew its position in shares of PFSweb by 4.0% during the 3rd quarter. Vanguard Group Inc now owns 898,497 shares of the business services provider’s stock valued at $6,649,000 after acquiring an additional 34,480 shares during the period. Vanguard Group Inc. raised its position in shares of PFSweb by 4.0% during the 3rd quarter. Vanguard Group Inc. now owns 898,497 shares of the business services provider’s stock valued at $6,649,000 after buying an additional 34,480 shares in the last quarter. Engine Capital Management LP grew its holdings in PFSweb by 22.4% during the 3rd quarter. Engine Capital Management LP now owns 1,169,727 shares of the business services provider’s stock valued at $8,656,000 after purchasing an additional 214,278 shares during the last quarter. Algert Global LLC bought a new position in PFSweb during the 3rd quarter valued at about $249,000. Finally, Renaissance Technologies LLC grew its holdings in PFSweb by 4.4% during the 3rd quarter. Renaissance Technologies LLC now owns 669,039 shares of the business services provider’s stock valued at $4,951,000 after purchasing an additional 27,900 shares during the last quarter. Hedge funds and other institutional investors own 62.68% of the company’s stock.
PFSW stock traded up $0.13 during trading on Friday, reaching $5.93. 30,659 shares of the stock were exchanged, compared to its average volume of 47,376. The company has a debt-to-equity ratio of 0.95, a current ratio of 1.31 and a quick ratio of 1.23. The company has a market capitalization of $111.70 million, a PE ratio of 19.33 and a beta of 0.57. PFSweb, Inc. has a 1 year low of $4.84 and a 1 year high of $11.86.
PFSweb (NASDAQ:PFSW) last issued its earnings results on Thursday, November 8th. The business services provider reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.03) by $0.07. The business had revenue of $77.70 million during the quarter, compared to analysts’ expectations of $75.93 million. PFSweb had a net margin of 0.47% and a return on equity of 13.65%. Sell-side analysts forecast that PFSweb, Inc. will post 0.26 EPS for the current year.
A number of equities analysts have recently issued reports on the stock. B. Riley set a $12.00 price objective on shares of PFSweb and gave the company a “buy” rating in a research note on Friday, November 9th. ValuEngine upgraded shares of PFSweb from a “sell” rating to a “hold” rating in a research report on Monday, February 4th. Finally, Zacks Investment Research upgraded shares of PFSweb from a “hold” rating to a “buy” rating and set a $6.75 price target on the stock in a research report on Thursday, January 10th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $10.25.
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PFSweb Company Profile
PFSweb, Inc provides omni-channel commerce solutions in the United States, Europe, Canada, and India. It operates through two segments, PFSweb, and Business and Retail Connect. The company offers strategic commerce consulting services, including commerce strategy, omni-channel consulting, digital opportunity audit, organizational/operational readiness, and platform evaluation/selection services; and strategy, design, and digital marketing services, such as digital strategy, design, user experience, interactive development, SEO and paid search, affiliate marketing, conversion optimization, storefront management, email marketing, and digital analytics.
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